Denmark: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Denmark

For the third consecutive year, the Danish jacks and hoists market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption continues to indicate a pronounced decline. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Jacks And Hoists Production in Denmark

In value terms, jacks and hoists production fell sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021, and then dropped markedly in the following year.

Jacks And Hoists Exports

Exports from Denmark

In 2022, shipments abroad of jacks and hoists for raising vehicles increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, jacks and hoists exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for jacks and hoists exports from Denmark, with a X% share of total exports. Moreover, jacks and hoists exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for jacks and hoists for raising vehicles exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Austria (X% per year).

Export Prices by Country

The average jacks and hoists export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced a decline.

Jacks And Hoists Imports

Imports into Denmark

In 2022, after two years of decline, there was significant growth in purchases abroad of jacks and hoists for raising vehicles, when their volume increased by X% to X units. Over the period under review, imports posted notable growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, jacks and hoists imports soared to $X in 2022. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), the United States (X units) and Sweden (X units) were the main suppliers of jacks and hoists imports to Denmark, with a combined X% share of total imports. Germany, France, Norway and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest jacks and hoists suppliers to Denmark, together accounting for X% of total imports. France, Norway, Sweden and Italy lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price recorded strong growth. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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